Universal Group Incbenefits

Universal Group Inc's benefits plans covered 1,003 active participants in 2024, providing health · life · dental · vision · long-term disability. Insurance premiums totaled $527,666. Insurance brokers and agents were paid $44,851 in commissions and fees, costs that ultimately come out of what the employer and employees pay for coverage. That works out to 8.5% of premiums. That is $45 per covered person, in the bottom quarter of employer plans that report broker pay. Broker pay rose 6.1% from $42,275 in 2023.